PPP Loan information for Jim dorsey & sons, inc

$230,800

Jim dorsey & sons, inc was initially approved for PPP Loan of amount $230,800, the current approved amount is $230,800. The loan was approved on 04/04/2020 by The Mechanics Cooperative Bank reported 24 jobs and $230,800 was used to fund payroll.

Jim dorsey & sons, inc is Existing or more than 2 years old

JIM DORSEY & SONS, INC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

JIM DORSEY & SONS, INC

Borrower Address

82 INGELL ST

Borrower City

TAUNTON

Borrower State

MA

Borrower Zip

02780-3507

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230800.00

Current Approval Amount

230800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TAUNTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02780-3507

CD

MA-04

Jobs Reported

24

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

900.00

Payroll Proceed

204200.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13800.00

Debt Interest Proceed

1900

Business Type

Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

232518.18

Forgiveness Date

01/07/2021

;